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Business News


· AT&T Wants to Discontinue White Pages – AT&T Missouri has requested permission from regulators to stop producing a white pages telephone book in Kansas City and St. Louis. -

· Ameren Corporation Directors Elect Karen Foss, Senior Vice President, Communications and Brand Manag – Foss joined AmerenUE in February 2007 as vice president, Public Relations. In her new position, she will be a member of the corporate executive leadership team and will be responsible for Ameren corporate-level communications and for managing the corporate image and brand. -

· Chrsyler may have reached deal with lenders to lower $6.9 Billion in secured debt to $2 Billion – Several news stories indicate that Chrysler may have reached a deal with its largest lenders to reduce the $6.9 Billion in debt Chrysler has to $2 billion and possibly avoid filing bankruptcy. -

· Apples 1 billionth app download is predicted for April 23 – We could stare at the countdown tickers on Worldometers all day. -

· Chrysler lenders propose equity swap terms – Chrysler LLC's first-lien lenders have submitted a counter-offer to the U.S. Treasury that would swap some $7 billion in debt for equity in a restructured automaker allied with Fiat SpA. -

· Reap to serve as Acting U.S. Attorney – Michael W. Reap will serve as Acting United States Attorney for the Eastern District of Missouri, replacing Attorney Catherine L. Hanaway, whose resignation is effective today. -

· New Westin to open in Clayton in 2012 – Starwood Hotel & Resorts Worldwide and RJ York have announced plans to open a newly constructed Westin hotel in Clayton in 2012. -

· Ben Edwards, former CEO of A.G. Edwards, Is dead – Benjamin F. Edwards III, the former chief executive officer of A.G. Edwards & Sons Inc. of St Louis, died today at his home in Naples, FL. -

· Top Obama Economic Advisor Warns Recovery "a Long Road" – U.S. President Barack Obama's top economic advisor says while the economy is getting better, it faces a long road to recovery. -

· Google: The Recession Takes Its Toll – It's official now. Even Google can't escape the recession. -

· Shopping as Usual Promised During Mall Reorganization – General Growth executives emphasized yesterday that business would continue as usual at all of the company's shopping malls during reorganization under Chapter 11 bankruptcy. -

· "Get Off My Back" bill passes House – The Missouri House approved two measures Thursday aimed at helping small businesses but that have been decried by restaurant and retail workers. -

· Cheers! Schlafly continues to grow – In 1989 Dan Kopman founded the St. Louis Brewery with attorney and longtime Central West End resident Tom Schlafly, who also gave his name to the brewery's beers. -

· Fifth Third Bank Lends a Hand to St. Louis – Fifth Third Bank today kicked off a citywide food drive name "5,300 Meals: The Ultimate Deposit," aimed at providing at least 5,300 meals to the hungry throughout the St. Louis area. -

· Harris Corp. adding jobs in St. Louis – harris Crop. plans to add 15 jobs in St. Louis with the opening of a geospatial services production facility this month. -

· Midwestern governors push for high-speed rail using stimulus – Missouri Gov. Jay Nixon and Illinois Gov. Pat Quinn, along with six other Midwestern governors, are pushing to use billions of federal stimulus dollars for high-speed passenger rail projects. -

· Bankruptcies, Closures Plague Newspaper Industry – In March, the Chicago Sun Times newspaper filed for Chapter 11 bankruptcy protection. -

· In midst of doom and gloom, many in St. Louis region are hiring – It's the recession story rarely seen in the daily newspaper, heard on the nightly news or discussed on social networks where the jobless seek a connection that can put them back to work. -

· Express Scripts' Buy of WellPoints PBM Benefits Both Companies – Pharmacy benefits manager Express Scripts Inc.'s $4.675 billion acquisition of health insurer WellPoint Inc.'s in-house drug-benefits operation appears to benefit both companies. -

· St. Louis-area aerospace programs and jobs could be at risk under Gates' proposed cuts. – The Pentagon's pitch to scale back major defense programs may not only put hundreds of jobs at risk at Boeing's Integrated Defense Systems unit in St. Louis, but also could affect many of Boeing's suppliers in Missouri and elsewhere. -

· GM told to prep for bankruptcy – General Motors Corp. is believed to be preparing to file for bankruptcy by June 1. -

· St. Louis County official Mike Jones helps negotiate Midwest trade deal with China – Mike Jones – part of St. Louis County Executive Charlie Dooley's core leadership team-has opened a business office in Beijing -

· CKE hires GroupCast for notification – CKE Restaurants Inc., the parent of Hardee's and Carl's Jr. restaurants, has hired GroupCast Messaging Systems in St. Louis to deliver instant broadcast telephone communications to its 3,100 locations nationwide. -

· St. Louis pizzeria catering to president – One of the partners behind a St. Louis restaurant says he is thrilled with U.S President Barack Obama's request for a pizza feats from the eatery. -

· Metros Baer asks for $35M in emergency state funding – Metro CEO Bob Baer headed to Jefferson City on Wednesday to plead his case to lawmakers for $35 million in emergency state funding to reverse some of the drastic bus and Metro Link cuts the agency's had to make. -


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